That's crypto for you mate
The distribution phase is over. Now the accumulation phase. The whales will take the coins from those who bought for $6-7. I think we will fall to 1-1.5. There is a double top again on the daily chart.
Good analysis...most times there is usually a drop after launch because some will take profit or break even. Then real investors and long term holders buy at the base
I warned about this in the price chat back on May 19th, but everyone was euphoric.
This happens with projects at the start and it's quite normal afaik. Some folks just have an unrealistic imagination
@KamuelBob Price discussion
@KamuelBob Price discussion
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